Start Here

This is the order Doug recommends for learning the process. Each step builds on the one before it. Work through them in order, at your own pace, and come back to any step when you need it.

The path starts with risk, then options basics, then reading price, trend, momentum, entries, and a daily routine.

The lesson path

1

Confirmation, not prediction

This comes first because it sets the rule every later lesson uses: follow price, do not predict it.

2

Plan the risk in dollars before entry

Your stop, size, and dollar loss are set before any setup is taught. For example, $300 of risk on a $1.50 stop is 200 shares.

3

What an option is and what it can cost

Before choosing a contract, know that a bought option can lose the full amount you paid. If you pay $2.50 for one contract, the most you can lose is $250. Watch these in order.

4

Reading the price chart first

Peaks, valleys, higher lows, and lower highs on a clean chart. This is the base for trend and the 3/8 Trap.

5

Finding the trend with simple indicators

This turns the price reading from step 4 into a trend decision using a few simple tools.

6

Momentum: the 3/8 Trap

The hold of the 3 EMA above or below the 8 EMA confirms momentum. It only makes sense once the trend is clear.

7

Two entry triggers: Pullback and Pop Out Of The Box

Confirmation is not an entry. This shows two lower risk ways in after the hold.

8

Check and routine

The checklist puts steps 1 to 7 on one page. The routine applies it every day and every week.

See the process on live charts

The Trading Room is open every market day. Doug plans before the open, sets the dollar risk before each entry, and talks through trades taken and skipped.

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Trading involves risk, and you can lose money. Nothing here is a recommendation to buy or sell any security.